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Pangea Natural Foods (Pangea Natural Foods) Accounts Payable & Accrued Expense : $0.23 Mil (As of Jan. 2024)


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What is Pangea Natural Foods Accounts Payable & Accrued Expense?

Pangea Natural Foods's quarterly accounts payable & accrued expense declined from Jul. 2023 ($0.32 Mil) to Oct. 2023 ($0.24 Mil) and declined from Oct. 2023 ($0.24 Mil) to Jan. 2024 ($0.23 Mil).

Pangea Natural Foods's annual accounts payable & accrued expense increased from Oct. 2021 ($0.09 Mil) to Oct. 2022 ($0.21 Mil) and increased from Oct. 2022 ($0.21 Mil) to Oct. 2023 ($0.24 Mil).

Pangea Natural Foods Accounts Payable & Accrued Expense Historical Data

The historical data trend for Pangea Natural Foods's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pangea Natural Foods Accounts Payable & Accrued Expense Chart

Pangea Natural Foods Annual Data
Trend Oct21 Oct22 Oct23
Accounts Payable & Accrued Expense
0.09 0.21 0.24

Pangea Natural Foods Quarterly Data
Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only 0.45 0.35 0.32 0.24 0.23

Pangea Natural Foods Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Pangea Natural Foods (Pangea Natural Foods) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pangea Natural Foods Inc (OTCPK:PNGAF) » Definitions » Accounts Payable & Accrued Expense
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Traded in Other Exchanges
PNGA:Canada
Address
8035 - 130th Street, Surrey, BC, CAN, V3W 0H7
Website
https://www.pangeafood.com
Pangea Natural Foods Inc engages in the production and sale of plant-based patties. Pangea manufactures the plant-based patties at the Facility in the Vancouver lower mainland and sells the patties through multiple distribution channels including online sales platforms and retailers. The Company currently has one reportable operating segment, the manufacturing and distribution of food products in Canada.